Oracle expands with two new acquisitions
Middleware and telecoms services providers bought up by Oracle
Oracle has extended its portfolio in middleware and telecommunications, with two new acquisitions.
The software giant announced the purchase of SOA specialist AmberPoint, and telecoms solution provider Convergin.
AmberPoint's SOA management products will build on Oracle's Fusion Middleware, adding AmberPoint's solutions focused on diagnosing issues with application performance and business transactions.
Thomas Kurian, Oracle executive vice president, Product Development. commented: "AmberPoint and Oracle share a vision of providing customers with comprehensive SOA management capabilities that support modern IT environments and are also complete, open, and integrated. We expect the addition of AmberPoint's products to Oracle Fusion Middleware SOA Suite will provide stronger end-to-end governance that allows customers to manage the entire lifecycle of SOA-based solutions, providing visibility and management across heterogeneous environments."
In the telecoms sector, Oracle has bought Convergin, a leading provider of real-time service brokering solutions. The company produces a J2EE-based Service Broker platform, which enables service providers to manage services for a wide range of networks and application platforms, including pre-paid charging. The solution allows CSPs to focus on launching innovative services while modernizing to next-generation networks.
"As communications service providers transition from legacy telephony networks to next-generation networks, the combination of Oracle and Convergin will accelerate new service innovation while reducing network complexity and cost," said Bhaskar Gorti, senior vice president and general manager, Oracle Communications.
No financial details were released for either deal.